Europe
Last updated
Last updated
The current population of Europe is 748,494,989 (748.4 million) in, 2022, based on the latest United Nations estimates. Europe population is equivalent to 9.78% of the total world population.
As per age wise distribution of population we observe that our highly targeted niche of (18-35) year old people makes (20%) of whole population.
Total population of Europe is = 748,494,989
Total population of Europe at Age group of (18-35) is 20%= 149,698,998
Taking out the people who don't have the financial abilities, or other various backgrounds like war in their countries etc. enabling them to join our platform (45%)-
Our TAM ( Total Adressable Market) in Europe is around 82.500.000 (82.5 million).
Our estimated average cart value is 99$ monthly.
Total market size in Europe - 82.500.000 (82.5 million).
Calculation of annual revenue-
Monthly Revenue - (82.5 million) * $99= 8.167.500.000 (8.2 billion$)
Annual Revenue = 98.010.000.000 (98.0 billion$)